302 RICHLAND LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $612,024 and $834,492, with a best estimate of $653,910. That places the property above the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$653,910
$746,123
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest, this home's estimated market value is between $612,024 and $834,492. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$37,419 for 145 sqft less living space and +$22,332 for having a garage. Net adjustment: -$15,087.
Adjusted +$145,548 for 564 sqft more living space and +$22,332 for having a garage. Net adjustment: +$167,880.
Adjusted +$273,032 for 1,058 sqft more living space and +$22,332 for having a garage. Net adjustment: +$295,364.
Adjusted +$83,613 for 324 sqft more living space. Net adjustment: +$83,613.
Adjusted +$187,871 for 728 sqft more living space. Net adjustment: +$187,871.
The Neighborhood
This home is valued 36.2% above the G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest median of $547,832. With 234 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G210582E - Oakcrest Ranchettes 1,2,3, Greenridge & Highcrest
above averageThis home is +36.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,607 across all districts. With a homestead exemption claimed, that drops to $9,998 — saving $1,609 per year. That's $833 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $7,839 |
| Williamson County | County | 0.3694% | $2,757 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $680 |
| Williamson County FM/Rd | County | 0.0443% | $331 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $11,607 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $653,910 would pay approximately $4,082 per month (principal and interest only, excluding taxes and insurance).